Direxion Etf Net Asset
Direxion fundamentals help investors to digest information that contributes to Direxion's financial success or failures. It also enables traders to predict the movement of Direxion Etf. The fundamental analysis module provides a way to measure Direxion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Direxion etf.
Direxion |
Direxion ETF Net Asset Analysis
Direxion's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Direxion Net Asset | 1.3 M |
Most of Direxion's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Direxion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, Direxion has a Net Asset of 1.3 M. This is much higher than that of the family and significantly higher than that of the Net Asset category. The net asset for all United States etfs is notably lower than that of the firm.
Direxion Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Direxion's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Direxion could also be used in its relative valuation, which is a method of valuing Direxion by comparing valuation metrics of similar companies.Direxion is currently under evaluation in net asset as compared to similar ETFs.
Direxion Fundamentals
| Number Of Employees | 406 | |||
| Total Asset | 1.3 M | |||
| One Year Return | (35.85) % | |||
| Net Asset | 1.3 M |
Thematic Opportunities
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Tools for Direxion Etf
When running Direxion's price analysis, check to measure Direxion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion is operating at the current time. Most of Direxion's value examination focuses on studying past and present price action to predict the probability of Direxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direxion's price. Additionally, you may evaluate how the addition of Direxion to your portfolios can decrease your overall portfolio volatility.
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